Securitize (SECZ) stock surged over 10% on Thursday following the announcement of launching tokenized US equities on the Solana blockchain. The tokens represent security entitlements under Article 8 of the Uniform Commercial Code and preserve shareholder benefits, including dividends and voting rights, with settlement in USDC on Solana. The company plans to make the assets available on tokenized securities platforms being developed by the NYSE and OKXICE, though neither has set a launch date. Securitize shares have gained approximately 54% over the past month, according to Yahoo Finance data. The value of distributed tokenized assets excluding stablecoins reached $38.88 billion, up from $25.36 billion a year ago.
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